Advent Europe Opens London Office

Advent Europe Opens London Office

Advent Europe Opens London Office

London, San Francisco, October 5, 2000- Advent Software, Inc. (Nasdaq: ADVS) the leading provider of Enterprise Investment Management software, announces the opening of the London office of Advent Europe. Advent Europe’s expansion into the UK will allow the company to take advantage of the growing international demand for Advent’s suite of investment management solutions.

Joining Advent Europe in London as UK Country Manager is David Cotterell. David has more than 20 years of experience in the financial services and software industries, having held numerous positions with companies including ACT Financial Systems, DST, and most recently Customer Analytics. As Advent Europe’s UK Country Manager, David will be responsible for Advent Europe’s strategy, sales and operations in the UK.

"With a steady increase in demand for our products and services in the UK, as well as from global organizations, we’re confident that we can make a strong impact in this market," said Stephanie DiMarco, Chairman of Advent Software. "Our strategic decision to open an office in London now reflects Advent Europe’s commitment to meeting the European money management industry’s growing need for sophisticated automated solutions."

Advent Software, Inc. is a leading provider of Enterprise Investment Management solutions, offering stand-alone and client/server software products, data interfaces, and related services that automate and integrate mission-critical functions of investment management organizations. Advent Office™, the industry's first and only Enterprise Investment Management solution, enables investment firms to build a truly client-centric organization. Advent Office is a suite of complementary products used to automate the entire range of investment management functions, including portfolio management, client relationship management, trade order management, data warehousing, partnership accounting, reconciliation management, and web-based portfolio, performance and analytic reporting. Advent has licensed its products to more than 6,000 financial institutions in 36 countries for use by more than 60,000 concurrent users. The company's common stock is traded on the Nasdaq National Market under the symbol ADVS.

Advent Europe was established in 1999 as an independent distributor of Advent Software products.